Brooklyn NY native now living in Florida and loving the Sunshine state. Live close to the beach and enjoy surf fishing, boat; ocean and Inter-Coastal Waterway, shrimping, crabbing. I'm a contrarian and as named, speculator. I enjoy swimming against the tide and proving it ain't over until the fat lady sings. Elementary: Most Holy Trinity School in Williamsburg, Brooklyn New York High School: August Martin H.S. in South Ozone Park, Queens New York Retail Management Specialist: Main focus was to restore run down stores by reinvigorating staff, merchandise assortment, demographics, layout, restoration of policies & procedures, in depth immediate accountability and or praise to improve performance. Inventory management, loss prevention; including cash management and strict cash reconciliation. Main employers included F.W. Woolworths, Lecthers Housewares, Duane Reade's, Rent-A-Center to name a few. Married since 08/1984 with three children all grown up. Raised children in Glendale, NY and youngest mostly in Florida. Time flies; cherish the moments. I'm guilty of lost valuable time chasing my own agenda missing moments better served with the family. Once an event is gone, you'll never get to have a second chance. Invest early, retire early and teach your offspring's the same. Live below your means to achieve the numbers you have calculated that will free you from the "rat race". Believe me, once you are free, everything starts to look different, some pitiful. It's like you are outside of the box and you're looking in. Stay on course and never take your eyes off the prize. It will cost you if you do. Trust me, I know and it hurts. I have started over more than once. It sucks but being determined has brought me to where I needed.
I analyze securitized bonds for a living, investing in equities and FX on my PA.
I'm definitely not an equities guy, but I do like to add my own background knowledge in securitized products/credit and real estate when it comes to investing in REITs and BDCs.
My investment horizon on my PA is very very long.
I formerly owned my own small brokerage firm with over 100 brokers and several offices in NY and out west. The firm did numerous under writings in the $10-20MM range. For the firms own account and mine we did a number of venture capital private placement investments. Fortunately, quite a few of them became home runs over the years. In these higher risk areas you have to have the staying power to ride the race to the end. I won"t lie some have taken over 10 years before they broke out. After selling the business things have worked out well for me. I have benefited from a number of my private placements that have evolved into very successful companies. Very few ever resulted into quick returns. But with the ability to hold for the LONG TERM and being able to continue to assist these companies they have made a multimillionaire, I continue to invest in early stage venture companies and am always looking for that diamond in the ruff that the street has not discovered yet. I am a patient investor and believe that eventually most undervalued stocks will get either recognized by other investors or bought out.
I am retired from IBM corporation (30+ yrs.) I manage my wifes' and my own 401Ks and IRAs;
I also invest in REITS for dividend income, and in tech stocks such as GOOG and AAPL. I am an amateur investor, but have managed to make some profits, and a few losses along the way with the profits being ahead at the moment.
The REITS have been profitable for me since I began 3 years ago, first with AGNC, then CYS, and IVR, and now AMTG.
I joined this site to get a better feel for investing.
I'm Gene Baugh and I've been studying the stock market and the economy since before I went to The University of Texas at Arlington to earn a Bachelors in Finance. Class of '83.
One day as I was listening to a Jim Rogers interview and the reporter asked him if he was buying any oil stocks right now. His reply was "Only for my kids."
My son was sixteen at the time. This made me ask myself alot of questions.
I had always been a mutual fund trader and a 'macro' kind of guy sometimes moving from fully invested to a 100% cash allocation (back when money market funds actually paid you something). Occasionally (like 1986 through the '87 crash) I would move from cash into a bond mutual fund for long periods of time.
I can do that... but I can't expect my son to! How would I invest for HIM? How would I TEACH HIM to invest?
Although he is the beneficiary on everything I have, I suddenly felt the need to get him some investing experience of his own. An early start can be a critical component of success!
So, I opened up a UGMA (Uniform Gift to Minors Account) and went out and got myself a part time job with the intent of splitting my paychecks with him to build us both an investment program to share and have in common.
I wanted to show him what a couple of hundred bucks a month could do over time.
First I decided I wanted him to have the experience of being a direct investor in companies rather than an indirect holder via mutual funds. The most dangerous game in the world of investing.
At first I was leaning toward 'widow and orphan' investing and considered the DGI approach.
Eventually I rejected that philosophy because it was too capital intensive for our small portfolios. It would simply require too much money to produce a material cash flow. He is young and I feared a 3% yield on a $500 position would not exactly captivate his attention.
I wanted his portfolio to have a meaningful and material effect in his life NOW, as soon as possible. The idea is not to make him 'rich one day' in the 'far, far off future, but to give him a little extra passive income to help pay the bills in this very expensive world.
I am reinvesting the dividends now while the account is in trust but when he comes of age (after college) he will be able to access whatever cash flow I can produce for him over the next few years.
So, I decided to invest for income using alternative investment vehicles. And I decided to focus on monthly payers. I don't want to challenge his attention span waiting three months for any "action" in his portfolio. We will end up "Staggering some Quarterlies" eventually,,, but to start out, we are going with the monthly payers as a practical matter.
That word "practical" kept coming to mind in every move I considered. If I were to name this portfolio, the way many SA Contributors do, I would call it:
"The Practical Monthly Income Portfolio."
I also do institutional portfolio research I follow the portfolio of the Queen of England and others.
Life long saver. Always lived below my means, preferring a nest egg to toys. Moved from saver toward investor by putting savings into money markets when the interest rate was at 18%. Later, focused on mutual funds plan to average 20% per year over any five year period. moved into stocks, working the William O'Neil, Investor's Business Daily/Daily Graphs plan to invest at break out. Currently focused in High Yield leveraged index issues requiring untaxed distribution of 90% of income, i.e., trusts, business development companies, and master limited partnerships. Goal was to invest to earn distributions greater than my household expenses, and have exceeded that. All investments in retirement accounts, so tax is not relevant. Background in management, Hartford Insurance Group, Roadway Express, a small home-use chemical manufacturing company, and, since retiring at 54, I am a long time seasonal tax preparer with H&R Block. BS @ FSU, MBA @ USC. Handle nonprofessionally nine portfolios for my self, family and three friends. Spend about thirty hours a week researching and working the investments. Am an absolute practitioner of the power of positive thinking, understanding that what I think about, my present state of mind, is what I create perceptually in my world and attract to me. Day by day, in every way, I'm getting better and better. I am a confirmed Bull, believing in the 16 year secular Bull market that began when the S&P broke through its old ceiling of 1558. Prefer 2X and 3X leveraged income index funds invested in RICs. Nothing better, but also have holdings in 3X Stock Index funds for S&P, Nasdaq 100, and Midcap 400.
I am an investor relations consultant with 25+ years experience steering IR strategy and outreach for over 100 companies across a range of industries. We launched Catalyst Global in early 2012 to serve as a platform for innovating the IR role to better address the radically different dynamics and needs of public companies and investors.
Catalyst's mission is combining senior level experience and counsel with targeted outreach and efficient communications to deliver real change and share price results for "smidcap" companies in today's markets. We understand relationships and credibility take time, and we root all our work in integrity, candor and a focus on ROI.
I post on Seeking Alpha to expand the reach of client and other investment stories we like - and to understand the nature of these new channels of communication. Networking ideas and working with new media is integral to the IR function - plus it's fun.
CG Focus List is a separate service we use to highlight specific investment stories brought to us by some of the really smart investors we know. Profiled companies can be clients, ex-clients, non-clients or desired clients - but they are stories that offer very attractive investment potential and commensurate risk (there's no free ride in investing!)
My posts are NOT endorsed by the Companies on which I write - client or otherwise. We believe in truth and fair play at all times, and at all costs, and gravitate to those who share that view.
Trading Stocks for twenty years, worked for a Stock and Options training Company. I continue to study the markets, economics, history and current affairs, putting all of the pieces of the puzzle together. Working with a Robotic Trading platform, developing trading formula's for it.
Education:Targeting English, Economics, History, Math and Political Science
Most of my working career has been spent running small businesses.
One of those businesses was the Stock Market and trading stocks, treating it as one of my businesses. As a student of the market, I do research on stocks using current software and several internet sites to compile enough information to make an educated trade.
Grew up in Horse racing, I learned how to handicap horse races at a very young age. I often would hitch a ride out to the race track as often as I could make the time. Horse racing and horses was a family hobby.
My other interest was baseball; fishing and travel.
In my articles I plan on writing more about Companies coming up on their Earnings . What Stocks to watch that are coming up on their Earnings, about thirty five days before they report, always forward looking. I want to write about my experiences, what I am finding in my research about individual Stocks that interest me the most and why. This is one thing I know from my involvement with the market is that Stock traders are emotional, they trade in basic patterns. That Earnings are a big part of what makes individual Stocks move up or down. Stocks that are profitable and showing positive results their stock price runs upward and the Companies that are not getting good results their stock price falls off, drifting lower.
I Hope you will enjoy my insight and reading my articles, and may they bring you good fortune and profit in your trading.
I am interested in all comments, so please write me.
By Steven C. Allen
About 20 years ago I started investing in mutual funds and reading all I could about the stock market. A few years ago I started swing trading with limited success, and grew my account 19% in 2013. On 02/01/2014 I made a decision to try to change my life by becoming a Day Trader. I sold every stock I was holding and started with a cash balance of about 26,000 dollars. I will be posting my results in my instablog and on my website, www.ScottsDayTradeLog.webs.com.
I am a computer software consultant and a University Professor. I am interested in numerical prediction and simulation of scientific phenomena, developing and studying computer algorithms and constructing computer imaging software systems.
I am at least a part-time investor with a strong interest in developing investment strategies for generating aggressive income over five to ten year time intervals. I am devoting more time and effort to investing and portfolio development.